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I accept that your explanation makes sense, but the fact that this can happen automagically in an intransparent way when someone just wants to buy a number of s
by noxn 12y ago
I accept that your explanation makes sense, but the fact that this can happen automagically in an intransparent way when someone just wants to buy a number of shares at a quoted price just feels wrong. And reading a few other articles on Nanex also give me weird image of what happens in stocks in general.
Then again, I have no idea about these things and should probably shut up.
- throwaway283719 12y agoJust remember that when you say "someone wants to buy a number of shares at a quoted price" what you really mean is "a giant investment bank or hedge fund with some privileged information about a stock wants to buy so many shares that they actually need to go to multiple exchanges to satisfy their demand" and you'll be all set ;)